Booz Allen Hamilton has agreed to acquire the Ultra I&C Mission Solutions business of Cobham Ultra Group, an Advent portfolio company, for $720 million, a deal that gives national security clients a broader product set at greater speed and scale.
“Technological superiority is essential to U.S. national security, and maintaining our advantage requires a relentless focus on speed and outcomes,” said Horacio Rozanski, chairman and CEO of Booz Allen. “Booz Allen is strategically investing to accelerate delivery of our defense tech products into national security missions. Now, by integrating Ultra Mission Solutions into our robust portfolio, we are further strengthening our ability to rapidly build and field the commercial products that will keep America ahead.”
Both companies have built products that help warfighters integrate, secure and operationalize technology at the edge and across domains. Booz Allen’s portfolio of AI-driven battle management, resilient communications and edge infrastructure solutions — including the Modular Detachment Kit, EdgeXtend and Sit(x) — will expand with Ultra’s mission-ready tech stack. Ultra Mission Solutions’ core offerings, including Apex, ADSI, ACTS, Rain and Knox, unify command and control, edge compute, secure data movement and encryption into a modular architecture built to operate in contested or disconnected environments. These will integrate into a unified platform for national security clients worldwide.
The deal will deepen product integration and make solutions available through outcomes-based procurement, Foreign Military Sales and other go-to-market channels.
“Our customers operate where failure isn’t an option, and meeting that standard has always defined our work,” said Mladen Brkic, president of Ultra Mission Solutions. “As part of Booz Allen, we’ll bring greater scale and investment to our employees, products and the critical technologies customers rely on in the most contested conditions and wherever the mission demands it.”
Booz Allen expects revenue from the acquisition to grow at a strong double-digit rate over the next several years, with EBITDA margins well above 20%. The transaction is expected to close in the second quarter of Booz Allen’s fiscal year 2027 (ending Sept. 30, 2026) and is subject to customary closing conditions. After closing, Ultra Mission Solutions will operate as a wholly owned subsidiary of Booz Allen.
Booz Allen retained Jefferies LLC as exclusive financial advisor, PwC as accounting and tax advisor, King & Spalding LLP as legal advisor and Renaissance Strategic Advisors as strategic industry advisor. Ultra Mission Solutions and Advent retained Baird as exclusive financial advisor, KPMG as accounting and tax advisor and Latham & Watkins LLP as legal advisor.